Accelerating Success.
LAS VEGAS
INSIDER
A COMMUNICATION FOR BROKERS, EMPLOYEES, COLLEAGUES AND FRIENDS
AUGUST 2020
The strength of the team is each individual member. The strength of each member is the team. -Phil Jackson
WE’ RE IN T HIS
Togh te . re
Teamwork outperforms solo geniuses. While Einsteins and Newtons do exist, they’re exceedingly rare. In real life, brilliant people are
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DISRUPTION 2020 – WATCH
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FEATURED LISTINGS
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L AS VEGAS IN THE NEWS
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FEATURED DEALS
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L AS VEGAS RESEARCH - DATA
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UPCOMING CALENDAR - SEPTEMBER
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L AS VEGAS BY THE NUMBERS
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BROKER CONNECTION
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BEST PR ACTICES
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L AS VEGAS DIRECTORY
more effective and creative when working with others, especially those who are equally brilliant.
DISRUP T ION 2020
Numbers to Watch.
At Colliers we understand the interconnectedness of data and the importance of considering macroeconomic trends and anecdotes
AUGUST 2020
in making real estate decisions. With that in mind, we’ve identified
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several numbers worth watching. Aaron Jodka Managing Director, Research & Client Services aaron.jodka@colliers.com
78%
100
1.783 Million
2.96%
Share of CEOs in a global PwC survey expecting remote work to become more widespread as a result of COVID-19.
Number of jobs added in July’s Department of Labor report, above the consensus of 1.48 million.
47%
Share of workers furloughed in April who had returned to work by July, per small business HR benefits provider Gusto.
$
7.7 Billion
Commercial loan deferrals by Bank of America, about 2% of loans.
180%
Second quarter increase in BofA’s trading volume on its Merrill Edge Self-Directed platform, per Bloomberg.
330,000
New accounts opened on the BofA trading platform, about one-third of them by people under 35.
11,108.7
NASDAQ composite index closing price August 6, 2020, the first time ever above 11,000. The S&P posted a record close on August 18.
Buffett Indicator reading August 9, per Die Welt, measuring global market cap divided by global GDP. This metric indicates market corrections when it tops 100.
Average 30-year mortgage as of August 13, just up from all-time lows, per Freddie Mac.
7.2%
Loans in forbearance, per the Mortgage Bankers Association as of August 9, the ninth week in a row posting a decline. Note that the CARES Act provides a flexible forbearance program.
14.9 Million
Total vehicle sales in July, per the Federal Reserve of St. Louis, in line with September 2012 levels.
37.8%
Expected decline in back-to-college spending, per GlobalData.
60%
Share of restaurants that have permanently closed, per Yelp.
50%
IHS Markit Flash U.S. Composite PMI Output Index in July, signaling neutral performance, up from 47.9% in June.
COLLIERS INTERNATIONAL LAS VEGAS
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Photo by Matthias Mullie on Unsplash
Photo by ihtesham ismail on Unsplash
FEATURED LISTINGS Photo by Alive Coverage Photo by Alive Coverage/Sipa USA/
Photo by Marina Monroe from Pexels
AP Images
6175 West Sunset Road Taber Thill, SIOR, Patti Dillon, SIOR and Megan McInerney •
±11,837 SF - ±23,721 SF office space available for sale or lease
•
Brand new, state-of-the-art construction completed in 2020
•
Entire building available for purchase, inquire with exclusive listing agent
6420 Karms Park Court Pat Marsh, SIOR and Sam Newman •
±78,000 Total SF Industrial Facility for Sublease
•
Master lease expiration date of 3/31/2026
•
Lease Rate: $0.57 PSF NNN – CAMs: $0.1074
±2.5 Acres near N. Durango Road along W. Rosada Way
AUGUST 2020
Steven Haynes
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•
±2.5 acres in the Northwest Las Vegas Community
•
Zoned: Rural Estates Residential (2 units per Acre)
•
Asking Price: $500,000
2595 Montessouri Street Alexia Crowley, CCIM •
±4,842 SF Professional office and medical office building
•
100% vacant – ideal for owner/user
•
Asking Price: $1,275,000 ($263/PSF)
5955 Edmond Street Brian Riffel, SIOR and Tyler Jones •
±18,938 SF Freestanding office building for sale or lease
•
Concrete tilt with steel frame
•
Asking Price: $4,150,000 ($219 PSF) / Lease Rate: $1.35 PSF NNN/MO - $25,566.30/MO
1881 S. Rainbow Boulevard Brett Rather, Steve Neiger, CCIM and Chris Clifford •
±9,424 Total SF Owner/user two-story freestanding building for sale
•
Zoned C-1, Total Occupancy 157
•
Asking Price: $1,275,000 ($135 PSF)
COLLIERS INTERNATIONAL LAS VEGAS
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LV NEED PRESS?
Get the news out! Reach out and let us know the good news. New listings, properties just sold/leased, team news, etc! Help us, help you.
AUGUST 2020
Milestone.
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In the news. The Willmore Industrial Team at Colliers International Las Vegas will represent marketing and leasing for the Mountain West Industrial Park August 24 – Las Vegas Sun
Colliers International Las Vegas received several awards at the National Association of Industrial and Office Properties (NAIOP) August 10 – VEGAS INC
Colliers International Las Vegas announced Lauren Willmore as its newest associate specializing in industrial brokerage services August 03 – Las Vegas Sun
SHOUT OUT TO CHRIS & SAM ON 10 YEARS WITH COLLIERS LAS VEGAS
$
6,000
LINKS FOR LIFE FOUNDATION LAS VEGAS August donations include: $5,000 to the Las Vegas Rescue Mission Project Hope, and $1,000 to Howard Hollingsworth Elementary School for school supplies. READ MORE
+8.9%
Existing home median price up 8.9% from 2019. Existing home sales up 5.3%.
Downtown Revitalization Chris Clifford, Vice President at Colliers Las Vegas, interviewed with @Fox 5 about a new revitalization project planned near the Arts District in downtown Las Vegas called “The Intersection”. Clifford and his team specialize in retail and will be representing the owners who plan to revitalize the buildings to
“We’re changing why we need an office: It’s the social interaction.”
bring in unique restaurants and retail businesses. #Colliers #Revitalization #LasVegas #TheIntersection #LasVegasArtsDistrict #DowntownLasVegas #Retail
As the pandemic has persisted, Silicon Valley tech giants have extended their telework timelines — and some have even said that employees can stay home forever. But now those same firms are simultaneously betting on the future of the office.
READ MORE
+2.8%
Construction employment up 2.8% from 2019
Erica Pandey, author of @Work
COLLIERS INTERNATIONAL LAS VEGAS
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Team Spirit.
LAS VEGAS SUPPORTS OUR VEGAS GOLDEN KNIGHTS
LAS VEGAS
JOIN US TO SUPPORT OUR LOCAL TEAM IN THEIR PURSUIT OF THE STANLEY CUP
DRESS UP In your knights gear
AUGUST 2020
For Gamedays
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Las Vegas Game Changers.
CIRCA DOWNTOWN LAS VEGAS
MSG SPHERE AT THE VENETIAN
RESORTS WORLD HOTEL & CASINO
$1.2B COST TO BUILD
UNDER CONSTRUCTION
$4.3 BILLION
Most expensive resort in the history of Downtown Las Vegas
3.5 Acres of Video Screens 157,000 Speakers
The north Strip’s newest Hotel & Casino anchor
+166% VISITATION INCREASE at McCarran International Airport from May–June
TOP FLIGHT Brokerage Services Property Management
15 YEARS IN A ROW
Recognized by NAIOP Southern Nevada as Brokerage Firm of the Year. Colliers International Las Vegas is proud of our reputation and our commitment to excellence.
+1 702 735 5700 Mike Mixer, SIOR – Executive Managing Director
Angelina Scarcelli, CPM, CCIM – Director of Operations
www.colliers.com/lasvegas
COLLIERS INTERNATIONAL LAS VEGAS
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Photo by Matthias Mullie on Unsplash
Photo by ihtesham ismail on Unsplash
AUGUST 2020
FEATURED DEALS Photo by Alive Coverage Photo by Alive Coverage/Sipa USA/
Photo by Marina Monroe from Pexels
AP Images
Office Sale A sale to Spectrum Reality, LLC. The ±11,322 square foot office property is located at 7560 West Sahara Avenue in Las Vegas. The transaction amount was $1,630,000.00. Alexia Crowley, CCIM, Al Twainy, CCIM, and Jennifer Lehr, CCIM of Colliers International represented the seller, GHV Group, LLC.
Industrial Lease A lease to The Laricchia Group, Inc. The ±12,323 square foot industrial property is located at 7195 Bermuda Road in Las Vegas. Lauren Willmore and Dean Willmore, SIOR of Colliers International represented the landlord, 6220, LLC.
Industrial Lease A lease to Henry Ingier. The ±4,088 square foot industrial property is located in Rincon Industrial Park at 4305 East Sahara Avenue, Suite 11/12/13 in Las Vegas. Brian Riffel, SIOR and Tyler
AUGUST 2020
Jones of Colliers International represented the landlord, CIP
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Cerritos Industrial Park LLC.
Industrial Lease A renewal and expansion to Kotton Kings Screen Printing, LLC. The ±11,752 square foot industrial property is located at in Walnut Business Park at 3020 North Walnut Road, Suite 110 & 180 in Las Vegas. Dan Doherty, SIOR, Paul Sweetland, SIOR, Chris Lane, SIOR, CCIM, Jerry Doty, Gabe Telles, Ryan Hendershot and Chase Pavlov of Colliers International represented the landlord, CRP III Walnut LV, LLC.
Office Sale A sale to ATM-HQ, LLC. The ±4,896 square foot office property is located at 3285 North Fort Apache Road in Las Vegas. The transaction amount was $1,007,180.00. Stacy Shapiro, CCIM and Alexia Crowley, CCIM of Colliers International represented the seller, SN Nevada, LLC.
Industrial Lease A lease renewal to West Edna Associates LTD. The ±18,743 square foot industrial property is located at 5245 Procyon Street in Las Vegas. Dan Doherty, SIOR, Chris Lane, SIOR, CCIM, Paul Sweetland, SIOR and Jerry Doty of Colliers International represented the landlord, JPD Hayward Limited Partnership.
COLLIERS INTERNATIONAL LAS VEGAS
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L A S V EG A S RESE A RCH
The Unbearable Lateness of Data. Data lags, unfortunately, showing us not only the past, rather than the future – which is what we really want – but the past from a couple months ago. In a year when things are moving
AUGUST 2020
fast, that’s a hard pill to swallow. Nonetheless, the data that
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we have is beginning to paint a picture of the transition from recession to recovery in 2020. John Matt Stater Research & GIS Manager, SW Las Vegas john.stater@colliers.com
Employment Numbers
Silver Linings
July employment numbers were just released, and they
If we have any silver linings to speak of, they
do not tell the tale we wanted. While June numbers
come from the housing sector. New home
showed a sharp spike upwards, showing people going
sales were up 10.7% year-over-year in June,
back to work as retail and hospitality opened up in the
and existing home sales were up 5.3% in July.
Valley, the July numbers were, compared to June, fairly
Residential permits were down 19.4% in June.
flat. Southern Nevada got about half the jobs it lost back,
To sum up, one or two months ago, the post-
and growth rates in July suggest that getting the other
business closure bounce seemed to level off,
half back will take some serious time. On a year-over-year
giving Southern Nevada’s economic recovery a
basis, only four sectors – Government, Financial Activities,
potentially tough road ahead. The Wall Street
Construction and Natural Resources & Mining – showed
Journal, on August 24th, published a piece
job gains, and those gains were not impressive. The Leisure
titled “New Thinking on Covid Lockdowns:
& Hospitality sector is still down 74,100 jobs. Professional
They’re Overly Blunt and Costly; Blanket
& Business Services is down 25,100 jobs year-over-year,
business shutdowns—which the U.S. never
followed by Retail down 10,500 jobs. It is notable that
tried before this pandemic—led to a deep
Transportation & Warehousing is down 5,300 jobs, with
recession. Economists and health experts say
most – but not all – being in passenger transportation.
there may be a better way”, to which I can only respond, “No duh!” In the 19th century,
Hinging on Hospitality Southern Nevada’s economy hinges on hospitality, and we have some post-closure numbers there that are sobering. Compared to one year ago, June saw visitor volume down 70.5%, gaming revenue down 51.4%, convention attendance down 100%, airport passengers down 76.6% and room occupancy down 50.8% with 36.2% fewer rooms on the market. July numbers have not yet been released, but from the stories I am seeing in the press, I am expecting numbers very similar to June’s. Until the hospitality sector can kick it into high gear, the Valley economy as a whole is going to be in trouble.
economic recessions were often called “panics”…
I think we can say the same for the 21st century. We just scared ourselves out of two or three years of growth, and until the economy is fully re-opened, will probably have to claw those lost jobs back slowly. But hey – cheer up… it’s finally election season! That will be fun, right?
Number of Jobs
Employment Trends (Employment in tracked Commercial Real Estate)
COLLIERS INTERNATIONAL LAS VEGAS
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Upcoming Calendar. SEP T EMBER 2020 Labor Day Office Closed
Office Monthly Meeting Zoom
Monday, September 7
9:00am–10:00am
CREW Luncheon Zoom 11:30am–1:00pm
Wednesday, September 23 (Taber Thill to send Zoom link)
Tuesday, September 8
Industrial Monthly Meeting Zoom
SIOR Luncheon Zoom
9:00am–10:00am
11:45am–1:30pm
Thursday, September 24
Wednesday, September 9
Call in: 712 770 4703
Retail Monthly Meeting Zoom 9:00am–10:30am Tuesday, September 15 (David Grant to send Zoom link)
NAIOP Virtual Breakfast 7:00am–8:45am Thursday, September 17
Investment Monthly Meeting Zoom
Access code: 121737
SEPTEMBER BABIES: Mike Mixer Sara Johansson Steve Neiger
NAIOP Oktoberfest Virtual Trivia Tournament
Christine Norberg
4:30pm–6:00pm
Jennifer Lehr
Thursday, September 24
15th Annual CCIM Commercial Educational Symposium
Kiara Davis Erica Aulino
7:30am–4:00pm Wednesday, September 30
9:00am–10:30am Tuesday, September 22 (Grant Traub to send Zoom link)
AUGUST 2020
Book the next ZOOM Meeting!
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Looks like i’m 10 minutes early
2020 SALES AWARD TRIP MARCH 5–9, 2021
FAIRMONT KEA LANI IN MAUI
C ongratulations! - DAN DOHERT Y - PAUL SWEETLAND - DAVID GR ANT - CHRIS LANE - JERRY DOT Y - SPENCER PINTER - KEITH CUBBA - CHRIS CLIFFORD - MIKE STUART - BRIAN RIFFEL - PAT MARSH
YOU MADE THE PLANE At Colliers Las Vegas, celebrating family is such a wonderful and important thing. One of the greatest joys we have experienced during the pandemic is being able to spend quality time with the people we love most.
Happy National #SonsAndDaughtersDay
COLLIERS INTERNATIONAL LAS VEGAS
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// JULY 2020 //
MONTHLY LAS VEGAS OFFICE REPORT
OTHER
AUGUST 2020
Broker Rankings YTD
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OFFICE
3%
1.
Dan Doherty
25. Mike Willmore
RETAIL
2.
Paul Sweetland
26. Ryan Hendershot
20%
3.
Mike Stuart
27. Brian Fike
4.
Jerry Doty
28. Kara Walker
5.
Chris Lane
29. Suzette Lagrange
6.
Chris Clifford
30. Gabe Skerlich
7.
David Grant
31. Al Twainy
8.
Spencer Pinter
32. Steve Neiger
9.
Brian Riffel
33. Brett Rather
14%
JULY PROPERTY TYPES 64% Monthly Budget 42% YTD Budget
INDUSTRIAL
32% LAND
31%
10. Keith Cubba
34. Steven Haynes
11. Pat Marsh
35. Tyler Jones
12. Grant Traub
36. Andrew Kilduff
13. Mike Mixer
37. Gabe Telles
14. Dean Willmore
38. Jennifer Lehr
15. Dan Gluhaich
39. Joe Bonifatto
16. Eric Molfetta
40. Sam Newman
17. Scot Marker
41. Chase Pavlov
18. Taber Thill
42. Lauren Willmore
Grant Traub
1998
22 Years
19. Patti Dillon
43. Chris Bentley
George Connor
1998
22 Years
20. Stacy Shapiro
44. Jeff Swinger
Rebecca Staniec
2004
16 Years
21. Chris Connell
45. Rebecca Staniec
Paul Sweetland
2017
3 Years
22. Alex Stanisic
46. Chris Lobello
Kiara Davis
2019
1 Year
Heidi Meidenbauer
2019
1 Year
23. Alexia Crowley
47. Amanda Irving
Eric Molfetta
2019
1 Year
24. George Connor
Sales vs. Lease Revenue 49% - Sales
51% - Lease
July Anniversaries
CO-BROKERS OF THE MONTH
C ongratulations! MIKE STUART & MIKE MIXER A Giving Spirit. Mike Stuart’s donation will be going to the Patrick Kelly Youth Foundation They serve the Las Vegas community and youth with educational incentives and financial aid.
Mike Mixer’s donation will be going to Project Marilyn The mission is to provide Feminine Hygiene Product to Homeless Women & Teens
A few words of wisdom. “Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.”
- Jim Rohn
Colliers Launches Work Forward » Together Colliers launched Work Forward » Together, a comprehensive program that recognizes and assesses the needs of various clients reopening their workplaces post- COVID-19, which delivers enterprising occupier and investor/landlord real estate services to fit the various stages of transition as companies, their properties/ facilities and workplace/workforce manage their
67 Deals
Our Las Vegas Office completed a total of 67 Deals for the month of July.
business during and after this crisis.
READ MORE
COLLIERS INTERNATIONAL LAS VEGAS
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Brett Rather Retail Division CNR Retail
L A S V EG A S BROK E R CONNEC T ION If you could hang out with any cartoon character, who would you choose and why?
Lola Bunny. I would take her to a nice candle lit steak dinner. Break open a nice bottle of Chianti. Motel with a hot tub afterwards. You know, the whole shabang. If you were a wrestler what would be your entrance theme song?
Why can’t we be friends - WAR
AUGUST 2020
You’re well-traveled, what’s your favorite place you’ve ever visited?
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Chiang Mai, Thailand. It’s a forest city in the North with the best food and culture of all the cities in Thailand. Watch out for the tigers!
What’s the weirdest food you’ve ever eaten?
Shark Cartilage in Japan. There is no other texture like it. Still have PTSD from trying that, please send help!
Chiang Mai, Thailand
Tag! You’re it! Taber Thill, you’re next for our Broker Connection. We’re brewing up your custom questions now. Be on the lookout.
COLLIERS INTERNATIONAL LAS VEGAS
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Email Best Practices. All about the subject lines. •
Ideally 35-50 characters in length
•
Don’t ask a question
•
Never use ALL CAPS
•
Avoid using Spam “keywords”: $$$, Cash, Opportunity, Bargain, Discount, Credit, Investment, Price, Sale, Deal, Offer, Prize, Winner, Great Offer
Bypassing the Spam/Junk Folder
AUGUST 2020
Email delivery and read-rates are highly dependent on getting your email past spam filters. One prominent aspect of your email’s potential Spam rating is the subject line. While the subject lines in our templates are pre-filled as they are generated, it is recommended that they be reviewed and corrected to align with both your intended messaging and standard best practices.
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Use the Right Distribution Lists Getting your property in front of the people that want to see it is important, but you also want to get full market coverage for your client. Our distribution lists are set up to include people that are interested in specific types of properties in specific markets and include both brokers within that market as well as brokers from other markets that do business in that market or simply want that information.
Punctuation: •
Never use more than 2 punctuation marks
•
Using an exclamation mark (!) in the subject line is to be avoided at all costs, especially when it is preceded by a question mark (?)
•
Never use a single apostrophe (‘)
•
Don’t use dollar signs/currency
Bob Wolter Digital Marketing Director | bob.wolter@colliers.com
DIREC TORY INDUSTRIAL
PROPERTY MANAGEMENT
HOTEL/RESORT
Dan Doherty
+1 702 836 3707
Erica Aulino
+1 702 836 3745
Jerry Doty
+1 702 836 3735
Valerene Corbin
+1 702 836 3761
Ryan Hendershot
+1 702 836 3751
Jennifer Kennedy
+1 702 836 3772
Tyler Jones
+1 702 836 3754
Christine Norberg
+1 702 836 3704
Suzette LaGrange
+1 702 836 3799
Angelina Scarcelli
+1 702 836 3768
Chris Lane
+1 702 836 3728
Pat Marsh
+1 702 836 3741
Sam Newman
+1 702 836 3724
Alyssa Parks
+1 702 836 3755
Chase Pavlov
+1 702 836 3731
Spencer Pinter
+1 702 836 3776
Brian Riffel
+1 702 836 3773
Danielle Scarano
+1 702 836 3747
Stacy Shapiro
+1 702 836 3762
GOLF COURSE
Alexander Stanisic
+1 702 836 3742
Paul Sweetland
+1 702 836 3750
Keith Cubba
Gabe Telles
+1 702 836 3758
Kara Walker
+1 702 836 3705
Dean Willmore
+1 702 836 3763
MULTI-FAMILY
Mike Willmore
+1 702 836 3748
Lauren Willmore
+1 702 836 3730
Christopher Bentley
+1 702 836 3779
Shalonda Hughes
+1 702 836 3765
Jeffrey Swinger
+1 702 836 3764
Mike Mixer
+1 702 836 3777
INVESTMENT SERVICES Joe Bonifatto
+1 702 836 3729
Brian Fike
+1 702 836 3744
Amanda Irving
+1 702 836 3732
Eric Molfetta
+1 702 836 3756
Gabriel Skerlich
+1 702 836 3708
Nicole Cauilan
+1 702 836 3706
Grant Traub
+1 702 836 3789
Sara Johansson
+1 702 836 3771
Gina Jones
+1 702 836 3783
STAFF
Brianna Maldonado +1 702 836 3701
+1 702 836 3733
Matt Stater
+1 702 836 3781
Chris Sutton
+1 702 836 3721
OFFICE Chris Connell
+1 702 836 3709
Patti Dillon
+1 702 836 3790
Andrew Kilduff
+1 702 836 3718
Megan McInerney
+1 702 836 3700
Rebecca Staniec
+1 702 836 3792
Taber Thill
+1 702 836 3796
RECEIVERSHIP Christopher LoBello +1 702 836 3714
MEDICAL OFFICE Alexia Crowley
+1 702 836 3778
RETAIL Chris Clifford
+1 702 836 3746
George Connor
+1 702 836 3786
Dan Gluhaich
+1 702 836 3757
David Grant
+1 702 836 3785
Jennifer Lehr
+1 702 836 3736
Scot Marker
+1 702 836 3782
Steve Neiger
+1 702 836 3760
Brett Rather
+1 702 836 3794
Al Twainy
+1 702 836 3725
LAND Steven Haynes
+1 702 836 3727
Mike Stuart
+1 702 836 3739
VALUATION SERVICES Richard Koldewyn
+1 702 836 3738
Heidi Meidenbauer +1 702 836 3726 Evan Ranes
+1 702 836 3749
Brandon Roper
+1 702 836 3734
Angel Vidal
+1 702 836 3775
LAS VEGAS COLLIERS INTERNATIONAL LAS VEGAS
23
Accelerating Success.
400 offices in 68 countries on 6 continents MARKET CONTACT:
ANZ: 54 United States: 159 Canada: 48
Mike Mixer, SIOR Executive Managing Director
+1 702 735 5700
mike.mixer@colliers.com
Latin America: 20
John Stater Research & GIS Manager
Asia Pacific: 45
+1 702 836 3781
EMEA: 114
$3.5 billion in annual revenue 2 billion square feet under management 18,000+ professionals and staff
john.stater@colliers.com
Colliers International | Las Vegas 3960 Howard Hughes Parkway, Suite 150 Las Vegas, Nevada 89169 | USA +1 702 735 5700 www.colliers.com/lasvegas
ABOUT COLLIERS INTERNATIONAL Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn. Š 2020 Colliers International. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
